American Century Companies Inc. boosted its holdings in shares of PDD by 30.7% in the 1st quarter.

Source: https://www.americanbankingnews.com/2023/09/27/first-trust-direct-indexing-l-p-has-331000-stake-in-pdd-holdings-inc-nasdaqpdd.html

Finally, HSBC cut their price target on PDD from $118.00 to $115.00 and set a “buy” rating for the company in a research note on Tuesday, March 21st.

Source: https://www.etfdailynews.com/2023/05/18/envestnet-asset-management-inc-raises-holdings-in-pdd-holdings-inc-nasdaqpdd/

PDD has said its 2022 research and development investment jumped 15% from a year earlier, with much of it going to luring talent.

Source: https://www.wsj.com/articles/why-chinese-apps-are-the-favorites-of-young-americans-a9a5064a?mod=pls_whats_news_us_business_f

PDD shares are now trading for about $104 per share, basically double since October and up even a more astounding 225% since March 2022.

Source: https://seekingalpha.com/article/4573578-pinduoduo-not-a-bargain-anymore-after-the-big-rally?source=feed_all_articles

Raymond James & Associates increased its holdings in shares of PDD by 16.1% in the first quarter.

Source: https://www.etfdailynews.com/2023/07/12/asset-management-one-co-ltd-has-13-17-million-holdings-in-pdd-holdings-inc-nasdaqpdd/

Temu has established a headquarters in Boston, and its parent company, PDD Holdings, has moved its headquarters from China to Ireland.

Source: https://www.nytimes.com/2023/06/15/business/economy/china-business-tiktok-shein.html

Temu, whose parent company PDD Holdings also owns Chinese shopping platform Pinduoduo, similarly sells low-priced clothing but is equally well known for stocking cheap headphones and home appliances.

Source: https://www.channelnewsasia.com/business/low-cost-e-commerce-rivals-shein-and-temu-shelve-us-court-cases-3876976?cid=cna_flip_070214

The bigger Temu gets, the more PDD Holdings’ management has to think about things like this–at least if they want to keep having high margins.

Source: https://seekingalpha.com/article/4660469-pdd-holdings-stock-the-best-bet-on-christmas-shopping?source=feed_all_articles

The idea is that over time PDD will not need to actively invest anymore into marketing as the network effect will do the trick by itself.

Source: https://seekingalpha.com/article/4573578-pinduoduo-not-a-bargain-anymore-after-the-big-rally?source=feed_all_articles

The move comes as the company faces increasing pressure from rivals such as PDD Holdings (PDD).

Source: https://biztoc.com/x/f2bc95547ad84429?ref=ff

The move comes as the company faces increasing pressure from rivals such as PDD Holdings (PDD).

Source: https://biztoc.com/x/f2bc95547ad84429?ref=ff

The PDD diagnosis was heartbreaking news that John faced with courage and tenacity.

Source: https://www.pressherald.com/2023/05/20/obituaryjohn-roy-mclean-jr-2/

Unlike other names on this list, PDD is in the red for the year’s first half.

Source: https://investorplace.com/market360/2023/06/7-top-growth-stocks-to-watch-for-h2-2023/